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and shall perform, comply with and abide by each and every the agreements, stipulations, eondittons and
covenants Thereof. artd of This mortgage. then this mortgage and the estate hereby created, shall cease, de-
termine and Ire null and void.
71tin~ the mortgagor hereby further covenants and agrees to pay promptly when dtre the prtncipnl and
interest and other sums of money provided for in aaid note and this mortgage, or either; to pay all and
singular the faxes, assessments, levies, liabilities, obltgaliorrs, and encumb?ances o) every nature on said pro-
perty: to permit. commit or sett
ter rto waste, impnirmertl or deteriornfton of said land or the improvements.
lherrcn of a?ty limp; to keep the buildings now or hereafter on said land fully iruured in a sum of not less
than
in a company or companies acceptable fo the mortgagee, the policy or poltctes to be held by, and payable
to, said mortgagee, and in the event any stun of money becomes payable by virtue of auck Insurance the
mortgagee shall have the right fo receive and apply the same to the indebtedness hereby secured, accounting
fo the mortgagor for any surplus: fo pay all costs, charges, and expenses, including lawyers fees and title
sparcltPS, ?pasonably i?tcttrred or paid by the mortgagee because of the failure of the mortgagor to promptly
and fully comply with the agreements, stipulations, conditions and covenants of said note and this mortgage,
ur either: !a perform, comply wish and abide by each and every the aQrwwmenfs, stipulations, conditions and
covenarts set forth in said note and this mortgage or either. In the event the mortgagor fails to pay when
due any fax, assessment, Insurance premium or other sum of money payable by virtue of said note and this
mortgage, or either, the mortgagee may pay the same, without waiving or affecting the option to foreclose
or any other right hernttnder, and all strch payments shall bear interest from date therroj at the highest Inw-
f trl role ttllen aIIOUretl 6y fhP laU•S Of the $fatp Of Florida.
arty slim Of mO11ey herein referred IO be not promptly paid Within 15 days next after
the same becomes dire. or i f each and every the agreements, stiptrlafions. ~ conditions and covenants of said
note and this ntorlgafte, or either, are not fully performed, complied with and abided by, then the entire
sum mentioned in said note, and this mortgage, or the entire balance unpaid thereon, shall forthwith or
thereafter, at the option of the mortgagee, become and be due and payable, anything in said nose br herein
fo the contrary. nolu~rlhslartding. Failure Ly the mortgagee to exercise any of the rights or options herein
provided shall not constitute a umiver o/ arty rights or options under said Hole or this mortgage accrued or
thereafter accruimg.
~n ~ttfleSS ~heCeof, the said mortgagor has hereunto signed and sealed these presents the
day and year first shore u~riften.
' Silj?ted. sealed and delivered in the presence of : .
I ~ ~ - ~
~ / ~rnol- Hi --g~nb-----.h... .
- .-.u_~..Si--._. 1
is in -ot am
~ -?fVnL4 _ _ . . _ - . _ -
-
~ ~ STATE. OF Fl.ORiDA,
i cOt-~"rY OF St. Lucie
I HEREBY CERTIFY that on this day, before me, an
t
officer dul> authorized in the State aforesaid and in the County a(on•said to take acknowledgments, personally appeared
i
Arnold Higginbotham and Doris Higginbotham, his wife
to m.• known to be th~• p-rwt$ described in and who executed the fore¢oin¢ instrument and they acknowledged
' Ix•fore nu• that they executed the same.
r,
~~•1'1 \ESS my hand and of(iciai seal in th~• Counh• and Stair last aforesaid this 3 dap of
r~yv/`~.%
NOi/11'.Y PUoIIC STAik C`~ }L:,~iJA At L% :,1 s ~
k}Di~.iHRU GENfRAt IN$ . UNDfR'1.it1 iEQS = '1,~ -
FILED ~h:.- DED - ~ ~ t`
• pE,c 3 9 2a f~
46'7835
JACCUELINE 1. RU6SAII~
7%t~ humaJJr•»J /?n%u~n•r/ l?y' Attrxltey At Lew c~
j ;1JJnac 516 S. INNIAN IIIrEII OR. BUp~J21 P~ ~i t
F
fT. MERCE. ~ 3460 i
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